ICICI Prudential Equity Savings Fund vs LIC MF Equity Savings Fund
ICICI Prudential Equity Savings Fund and LIC MF Equity Savings Fund are both Equity Savings funds. As of 6 Nov 2026 (Direct plan, Growth option): 3-year CAGR +7.41% vs +8.82%, 5-year CAGR +7.71% vs —, volatility 2.95% vs 7.32%, maximum drawdown −19.20% vs −7.47%. Their portfolios overlap by 16.6% (29 stocks held by both).
Showing the Direct plan, Growth option. Portfolio, sector and market-cap figures are the same for every plan and option of a fund.
Key facts
| ICICI Prudential Equity Savings | LIC MF Equity Savings | |
|---|---|---|
| Fund house | ICICI Prudential Mutual Fund | LIC Mutual Fund |
| Compared as | Equity Savings | Equity Savings |
| NAV | ₹25.6800 | ₹32.7094 |
| NAV date | 6 Nov 2026 | 6 Nov 2026 |
| Launched (first NAV) | 8 Dec 2014 | 31 Jul 2023 |
| Track record | 11.9 yrs | 3.3 yrs |
| Fund size (AUM) | ₹14,905 Cr | ₹39 Cr |
| Securities held | 126 | 60 |
| Portfolio as of | 30 Sep 2026 | 30 Sep 2026 |
| Fund page | Full record → | Full record → |
Returns
| ICICI Prudential Equity Savings | LIC MF Equity Savings | |
|---|---|---|
| 1 month | +2.52% | +1.37% |
| 3 months | +1.82% | +0.18% |
| 6 months | +3.59% | +1.67% |
| 1 year | +3.97% | +2.56% |
| 3 years (CAGR) | +7.41% | +8.82% |
| 5 years (CAGR) | +7.71% | — |
| 7 years (CAGR) | +7.89% | — |
| 10 years (CAGR) | +8.15% | — |
| Since launch (CAGR) | +8.26% | +8.45% |
| SIP return (XIRR, 5 years) ⓘ | +7.32% | — |
Up to one year: absolute return. Beyond one year: CAGR. Computed from each fund's own NAV history (AMFI), measured to the latest NAV.
Calendar-year returns
| ICICI Prudential Equity Savings | LIC MF Equity Savings | |
|---|---|---|
| 2026 (year to date) | +2.27% | +2.62% |
| 2025 | +8.89% | +8.46% |
| 2024 | +8.98% | +10.05% |
| 2023 | +10.44% | — |
| 2022 | +7.70% | — |
| 2021 | +10.22% | — |
Risk
| ICICI Prudential Equity Savings | LIC MF Equity Savings | |
|---|---|---|
| Volatility (annualised) ⓘ | 2.95% | 7.32% |
| Downside volatility ⓘ | 2.19% | 4.86% |
| Sharpe ratio ⓘ | 0.31 | 0.32 |
| Sortino ratio ⓘ | 0.42 | 0.48 |
| Maximum drawdown ⓘ | −19.20% | −7.47% |
| Recovery from that fall | 8 months | 1 months |
| Current fall from peak | 0.00% | −0.65% |
| Rolling 1-year return: worst | −11.28% | −1.01% |
| Rolling 1-year return: median | +8.27% | +8.07% |
| Rolling 1-year return: best | +32.67% | +17.33% |
| Share of 1-year periods with a loss | 3.83% | 1.42% |
Against each fund's benchmark
| ICICI Prudential Equity Savings | LIC MF Equity Savings | |
|---|---|---|
| Beta ⓘ | 0.17 | 0.43 |
| Alpha (Jensen's, annualised) ⓘ | −0.19% | +0.54% |
| R² ⓘ | 78.85 | 76.68 |
| Upside capture | 31.14% | 52.86% |
| Downside capture | 4.80% | 30.41% |
| Tracking error | 12.33% | 9.15% |
| Information ratio | -0.12 | -0.02 |
| Treynor ratio | 2.65 | 4.08 |
Portfolio
Asset mix
| ICICI Prudential Equity Savings | LIC MF Equity Savings | |
|---|---|---|
| Equity | 73.13% | 66.33% |
| Debt | 11.93% | 0.00% |
| Mutual Fund Units | 9.19% | 0.00% |
| Cash & equivalents | 5.13% | 22.59% |
| REITs / InvITs | 0.63% | 0.00% |
| Unclassified | 0.00% | 11.06% |
Market-cap split (share of fund assets)
| ICICI Prudential Equity Savings | LIC MF Equity Savings | |
|---|---|---|
| Large Cap | 69.09% | 40.09% |
| Mid Cap | 2.68% | 20.36% |
| Small Cap | 1.36% | 5.88% |
| Unclassified | 0.00% | 0.00% |
Concentration
| ICICI Prudential Equity Savings | LIC MF Equity Savings | |
|---|---|---|
| Top 10 holdings | 46.63% | 26.81% |
| Effective number of stocks ⓘ | 31.3 | 54.5 |
| Securities held | 126 | 60 |
Portfolio overlap: 16.6%
29 companies are held by both funds; by weight, 16.6% of the two portfolios is the same. That is a low overlap: the two portfolios are largely different.
| Held by both | ICICI Prudential Equity Savings | LIC MF Equity Savings |
|---|---|---|
| Tata Consultancy Services Limited | 1.59% | 1.43% |
| Kotak Mahindra Bank Limited | 4.17% | 1.29% |
| Bharti Airtel Limited | 2.41% | 1.23% |
| HDFC Bank Limited | 8.63% | 1.19% |
| Tata Steel Ltd. | 1.64% | 1.18% |
| UltraTech Cement Limited | 1.04% | 1.42% |
| ICICI Bank Limited | 1.91% | 0.96% |
| Bajaj Finance Limited | 2.65% | 0.93% |
| Infosys Limited | 1.20% | 0.93% |
| Maruti Suzuki India Limited | 0.79% | 0.93% |
| HDFC Life Insurance Company Limited | 1.76% | 0.74% |
| Larsen & Toubro Limited | 1.78% | 0.68% |
| Bharat Electronics Limited | 0.59% | 0.68% |
| Hindalco Industries Limited | 0.50% | 1.36% |
| Cipla Limited | 0.49% | 2.66% |
Top 10 holdings
ICICI Prudential Equity Savings
- ICICI Prudential Money Market Fund - Direct Plan - Growth9.19%
- HDFC Bank Limited8.63%
- Sun Pharmaceutical Industries Limited5.48%
- Reliance Industries Limited4.94%
- Kotak Mahindra Bank Limited4.16%
- Mahindra & Mahindra Limited3.39%
- Adani Ports and Special Economic Zone Limited3.02%
- ITC Limited2.75%
- Bajaj Finance Limited2.65%
- Bharti Airtel Limited2.41%
LIC MF Equity Savings
- LIC MF LIQUID FUND-DR PLN-GR9.73%
- Cipla Limited2.66%
- State Bank of India2.23%
- Eternal Limited2.01%
- Bajaj Auto Limited1.79%
- APL Apollo Tubes Limited1.78%
- Bank of Baroda1.74%
- Divi's Laboratories Limited1.68%
- Solar Industries India Limited1.60%
- Ashok Leyland Limited1.59%
Sector exposure
| ICICI Prudential Equity Savings | LIC MF Equity Savings | |
|---|---|---|
| Banks | 18.34% | 9.45% |
| Unclassified | 0.00% | 11.06% |
| Mutual Fund | 9.19% | 0.00% |
| Pharmaceuticals & Biotechnology | 8.08% | 7.40% |
| Retailing | 0.38% | 5.71% |
| Petroleum Products | 5.59% | 0.00% |
| Diversified FMCG | 4.89% | 0.00% |
| Automobiles | 4.78% | 4.86% |
| IT - Software | 2.82% | 4.45% |
| Finance | 4.42% | 2.13% |
| Consumer Durables | 0.31% | 4.21% |
| Auto Components | 0.08% | 3.68% |
| Transport Infrastructure | 3.66% | 0.00% |
| Telecom - Services | 3.64% | 1.23% |
Questions people ask
What is the difference between ICICI Prudential Equity Savings and LIC MF Equity Savings returns?
As of 6 Nov 2026, Direct plan Growth option: 1-year return +3.97% vs +2.56%; 3-year CAGR +7.41% vs +8.82%; 5-year CAGR +7.71% vs —; 10-year CAGR +8.15% vs —. Past returns do not indicate future returns.
How do ICICI Prudential Equity Savings and LIC MF Equity Savings compare on risk?
Volatility (36 monthly returns, annualised) 2.95% vs 7.32%; Sharpe ratio 0.31 vs 0.32; Sortino ratio 0.42 vs 0.48; maximum drawdown −19.20% vs −7.47%; beta 0.17 vs 0.43.
How much do ICICI Prudential Equity Savings and LIC MF Equity Savings overlap?
By weight, 16.6% of the two portfolios is invested in the same companies; 29 stocks are held by both, the largest shared positions being Tata Consultancy Services Limited, Kotak Mahindra Bank Limited, Bharti Airtel Limited. Based on the portfolios disclosed for Sep 2026 and Sep 2026.
What is the large, mid and small cap split of ICICI Prudential Equity Savings and LIC MF Equity Savings?
ICICI Prudential Equity Savings: large cap 69.1%, mid cap 2.7%, small cap 1.4%. LIC MF Equity Savings: large cap 40.1%, mid cap 20.4%, small cap 5.9% (share of the fund's assets, from its latest disclosed portfolio).
Is this a recommendation to choose one of these funds?
No. This page places the published figures of both funds side by side. It does not rank, rate or recommend either fund; which one suits an investor depends on their goals, horizon and risk tolerance.
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LIC MF Equity Savings vs
All Equity Savings comparisons → · Compare up to six funds yourself → · Every fund in this category → · All comparisons →
Sources: NAV from AMFI; returns, risk and ratios computed by MF Analyser from each fund's NAV history (risk on 36 monthly returns, risk-free rate 6.5%); benchmark ratios against each fund's benchmark total-return index; portfolios from each fund house's monthly disclosure. Returns and ratios as of 6 Nov 2026. IDCW options show no return or risk figures because payouts reduce the NAV and AMFI's file carries no payout history to add back. This page compares published figures only — it does not rank, rate or recommend either fund. Past performance does not indicate future returns; mutual fund investments are subject to market risks.